Agree, th and suspension seem unnecessary. An announcement should inform and clarify not confuse and bewilder. All-up a dissappointing day for the true beleivers.
Amongst the detractors on this site (and there are some 100% wackos for sure) there are some posters who raise legitimate concerns re the company, the country, and the uprampers who make unrealistic and manipulative comments.
Still, its an easy game/call:-
If you trust the company officeholders and think the sp will rise in future then hold/buy more, if you think the company officeholders are out of their depth and/or shonks then sell at the best price you can get.
Me, I'm holding and staying on for the ride.
Range are a small company. Due to its close relationship with those in power in Puntland, Range has a chance of establishing a a company-making and nation-building operation.
Realistically(and we investors need to be realistic), due to lack of income at this stage there will be heaps of further dilution/cap raising. Most here are confident the resources are there. Question/thing is:- are we closer to getting the rigs into Puntland or are we further away from that target?
I believe the company is moving forward.
Pity is, today the shareprice aint.
RRS Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
